Latest Key Developments (Source: Significant Developments)

Dec 17 (Reuters) - Covivio , Beni Stabili ::SAID ON FRIDAY THAT EURONEXT ISSUED NOTICE CONFIRMING ADMISSION TO TRADING ON EURONEXT PARIS FROM JAN. 2 OF COVIVIO'S NEW SHARES THAT WILL BE ISSUED AND ALLOTTED TO THE BENI STABILI SHAREHOLDERS UNDER THE MERGER.AFTER ISSUE OF EURONEXT'S NOTICE, THE LAST OF THE CONDITIONS PRECEDENT PROVIDED IN THE MERGER PLAN FOR THE TRANSACTION TO BECOME EFFECTIVE HAS OCCURRED.MERGER SHALL BE EFFECTIVE ON DEC. 31 FROM A LEGAL, TAX AND ACCOUNTING STANDPOINT, BASED ON AN EXCHANGE RATIO OF 8.245 SHARES OF COVIVIO FOR EVERY 1,000 SHARES OF BENI STABILI.BORSA ITALIANA HAS ADMITTED THE COVIVIO'S ORDINARY SHARES TO LISTING ON THE ITALIAN MERCATO TELEMATICO AZIONARIO (MTA) STARTING FROM JAN 2 .
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Nov 29 (Reuters) - Beni Stabili SpA ::SAID ON WEDNESDAY THAT ITS BOARD OF DIRECTORS APPROVED THE PAYMENT OF FY 2018 INTERIM DIVIDEND OF EUR 0.021369 PER SHARE.TOTAL DIVIDEND VALUE IS EUR 48.5 MILLION .TREASURY SHARES HELD BY BENI STABILI ARE NOT SUBJECT TO DIVIDEND PAYMENT.PURSUANT TO THE PROVISIONS OF THE MERGER PLAN OF BENI STABILI AND COVIVIO MERGER EXCHANGE RATIO SHALL BE AUTOMATICALLY ADJUSTED TO REFLECT DIVIDEND PAYMENT.MERGER EXCHANGE RATIO IS 8.245 COVIVIO SHARES FOR EVERY 1,000 BENI STABILI SHARES (VS. INITIAL RATIO OF 8.5 SHARES OF COVIVIO FOR EVERY 1,000 SHARES OF BENI STABILI).COVIVIO SAID THAT REQUEST FOR ADMISSION TO LISTING ON THE ITALIAN MTA MARKET WAS FILED WITH BORSA ITALIANA SPA ON NOV 15.SUBJECT TO BORSA ITALIANA'S ADMISSION, SHARES OF COVIVIO ARE EXPECTED TO BE TRADED ON THE MTA MARKET FROM JAN. 2, 2019.
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July 18 (Reuters) - Beni Stabili SpA ::H1 GROSS RENTAL REVENUES EUR 104.5 MILLION VERSUS EUR 101.9 MILLION YEAR AGO.H1 NET PROFIT EUR 49.1 MILLION VERSUS EUR 40.7 MILLION YEAR AGO.SAYS CONFIRMS THE TARGET TO ACHIEVE 2018 EPRA EARNINGS IN THE AREA OF €0.04/SHARE.BOARD OF DIRECTORS HAS APPROVED THE PLAN OF MERGER BY INCORPORATION OF BENI STABILI INTO COVIVIO.
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